Switzerland will strengthen the protection of the law on the possession of the secret data banks

26.02.2009

President of Switzerland and a part of Finance Minister Hans-Rudolf Merz on Wednesday set up a special working group for the protection of the law on the storage of sensitive data bank, which is exposed to pressure from the United States and European countries, news agencies reported.

This working group is made up of bankers, diplomats, economists and legal experts. The task force is to counter attack, which the law on the storage of sensitive data bank of Switzerland.

Reportedly, the Minister of Justice next week to leave for U.S. on a visit to discuss with the American side of the law on the possession of secret banking data. Sam Hans-Rudolf Merz also leave next month in London to hold contacts with the finance ministers of the Group of Twenty. "